_warren-buffett39s-berkshire-hathaway-reveals-it-has-secretly-invested-in-insurer-chubb.jpg "Warren Buffett's Berkshire Hathaway Reveals It Has Secretly Invested in Insurer Chubb from chori price am Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:34
👁 View: 130K times
✓ Published: 17-May-2024
👁 View: 130K times
✓ Published: 17-May-2024
Description:
Warren Buffett's Berkshire Hathaway has revealed it has been buying shares of insurer Chubb over the past few quarters, making it one of Berkshire's largest holdings. Berkshire has acquired nearly 26 million shares of Chubb for a total stake worth $6.7 billion, making it Berkshire's 9th largest holding. Insurance is a core business for Berkshire, which owns companies like Geico and General Re and recently acquired Alleghany. Chubb's stock price jumped nearly 7% in after-hours trading following the news of Berkshire's sizable stake in the company.
Warren Buffett's Berkshire Hathaway has revealed it has been buying shares of insurer Chubb over the past few quarters, making it one of Berkshire's largest holdings. Berkshire has acquired nearly 26 million shares of Chubb for a total stake worth $6.7 billion, making it Berkshire's 9th largest holding. Insurance is a core business for Berkshire, which owns companies like Geico and General Re and recently acquired Alleghany. Chubb's stock price jumped nearly 7% in after-hours trading following the news of Berkshire's sizable stake in the company.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_cubs-could-really-use-a-reliable-closer.webp "The Cubs bullpen has a 4.58 ERA through the team's first 41 games this season.")
_mcdonald39s-introduces-365-meal-promotion-to-tempt-cost-conscious-customer.webp "McDonald's plans to launch a limited-time $5 meal promotion starting on June 25th that will last around a month. The promotion aims to win back customers who have cut back on fast food visits due to recent price hikes across many chain's menus. McDonald's sales growth has slowed as inflation has increased costs of food and labor. McDonald's CEO said keeping prices affordable is a priority to get customers back as they carefully watch every dollar spent.")
_will-smith-and-michael-b-jordan-have-92.webp "Will Smith has revealed that he and Michael B. Jordan have come up with some \")
_erick-fedde-is-a-prime-trade-candidate-for-white-sox.webp "White Sox right-hander Erick Fedde has a 2.60 ERA and 1.06 WHIP in nine starts this season.")
_walmart-surpasses-36500-billion-market-cap-after-strong-q1-results.webp "Walmart's stock price rose after it reported first-quarter earnings that beat analyst expectations, demonstrating consumer resilience in spending despite economic pressure. Walmart's market capitalization surpassed $500 billion for the first time following the strong earnings results. Walmart's CFO stated that consumers have remained consistent in spending from quarter to quarter, though budgets remain stretched. Upper-income consumers are increasingly shopping at Walmart. Analysts noted Walmart's increasing focus on higher-margin revenue streams like digital advertising, marketplace fees, and fulfillment services contributing to growth.")
_ary-news-8-am-prime-time-headlines-16th-may-2024-124-pti-founders-virtual-appearance-in-sc-today.webp "ARY News 8 AM Prime Time Headlines 16th May 2024 | PTI founder’s virtual appearance in SC today")
⏲ 18:15 👁 120K
_ary-news-10-am-headlines-12th-may-2024-124-imf-updates.webp "ARY News 10 AM Headlines 12th May 2024 | IMF updates....")
_ary-news-6-am-headlines-14th-may-2024-124-pti-chief-got-big-relief-big-update.webp "#ImranKhan #AzadKashmir #AsimMunir #Headlines #pmshehbazsharif #PTI #lahorehighcourt <br/><br/>ARY News 6 AMHeadlines 14th May 2024 | PTI Chief Got Big Relief - Big Update <br/>")
_cubs-could-really-use-a-reliable-closer.jpg)
_mcdonald39s-introduces-365-meal-promotion-to-tempt-cost-conscious-customer.jpg)
_will-smith-and-michael-b-jordan-have-92.jpg)
_erick-fedde-is-a-prime-trade-candidate-for-white-sox.jpg)
_walmart-surpasses-36500-billion-market-cap-after-strong-q1-results.jpg)
_ary-news-8-am-prime-time-headlines-16th-may-2024-124-pti-founders-virtual-appearance-in-sc-today.jpg)
_ary-news-10-am-headlines-12th-may-2024-124-imf-updates.jpg)
_ary-news-6-am-headlines-14th-may-2024-124-pti-chief-got-big-relief-big-update.jpg)
![[+]](/images/menu.gif){kind=small}